• 550 Allengrove Street PHILADELPHIA, PA 19120

  • $494,900
  • 29,902
    Sq Ft
  • 29902
    Sqft

Investment opportunity in the heart of Northeast Philly! Don't miss your chance to own a remarkable 0.62-acre lot, zoned and ready for either industrial or residential development. Situated in a booming locale, this property is a goldmine for investors aiming to capitalize on Philly's thriving economic landscape. Dreaming of launching a business? The existing industrial zoning on this land eases the way for you to establish anything from manufacturing facilities to warehouses. Its strategic location near major transportation veins like I-95 and Route 1 ensures that you're not just in the mix—you're leading it. But the possibilities don't end there. The property also holds immense potential for residential or multi-family units. Envision developing a community of townhouses or apartments, offering residents a life that marries convenience and comfort. This is a neighborhood people want to live in, with top-notch schools, diverse local culture, and quick access to parks and shopping. Investors, this is more than just a piece of land; it's a ticket to unlimited possibilities in one of Philly's most promising districts. Whether you're targeting the commercial sector or looking to create homes, you can't go wrong with this strategic investment. So don't sit on the sidelines. Step up and take advantage of this extraordinary opportunity to shape Philly's future.

Property Type :

Land

Subdivision :

Lawndale

County :

PHILADELPHIA

Style :

Land

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Property Details

 

Water/Sewer

Water Source : None

Exterior Features

Utilities: Natural Gas Available,Sewer Available,Water Available

Utility Features

Sewer: No Septic System

Lot Information

Lot Size: 29,902

Dimensions: 429.00 x 70.00

Lot Size (Acres): 0.69

Main Square Feet: 29,902

Property Information

Total Lot SQ ft: 29,902

Subdivision: LAWNDALE

Appx. Lot Dimensions: 429.00 x 70.00

Total Acreage: 0.69

Listing Information

Possession: Negotiable

Days Of Market: 218

Lease Information

Lease Considered: No

Tax Information

Annual Tax: $2,511

Tax Year: 2022

Total Taxes Payment Frequency: Annually

Possession

Negotiable

Assessment Information

Taxes Assessment Amount: $179,400

Homeowners Association Information

Direction: Bingham Street south to Allengrove St turn right

School Information

School District: THE SCHOOL DISTRICT OF PHILADELPHIA

Utility Information

Natural Gas Available,Sewer Available,Water Available

Water Source: None

Sewer: No Septic System

Location Information

Direction: Bingham Street south to Allengrove St turn right

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4804 N 7th Street , Philadelphia, PA,19120 $80,000 -- -- 1,094 1094 Sqft
443 W Roosevelt Bouleva.., Philadelphia, PA,19120 $137,500 3 1.0 -- 854 Sqft
638 W Rockland Street , Philadelphia, PA,19120 $200,000 -- -- 2,958 2958 Sqft
194 W Roosevelt Bouleva.., Philadelphia, PA,19120 $125,000 -- -- 1,856 1856 Sqft
4960-62 Rising Sun Aven.., Philadelphia, PA,19120 $299,000 -- -- 1,346 871.2 Sqft
4745 N Mascher Street , Philadelphia, PA,19120 $199,900 3 2.0 1,200 1455 Sqft
515 W Fisher Avenue , Philadelphia, PA,19120 $300,000 5 3.0 1,800 4400 Sqft
5917 A Street , Philadelphia, PA,19120 $188,300 3 1.0 1,104 1377 Sqft
5310 N Front Street , Philadelphia, PA,19120 $324,900 -- -- 2,780 2592 Sqft
224 Lindley Avenue , Philadelphia, PA,19120 $179,999 3 1.0 1,200 1047 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/15/2024 @ 21:53

MLS: PAPH2279718
LISTED BY: Craig A. Lerch Jr. , EXP Realty, LLC
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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